The Public Investment Management (PIM) efficiency review is intended to support the Government of Zimbabwe, and in particular the Ministry of Finance, in its efforts to strengthen the efficiency of the public investment system, with the goal of improving the creation, operation and maintenance of public sector capital assets that support service delivery and economic growth. The problems of public investment management are not merely financial but systemic. Budget execution deficit remains a major bottleneck.

In 2010, after two decades of rapid economic growth, Vietnam passed the threshold to become a lower-middle-income economy. Sustained market-oriented reforms combined with intensive efforts to integrate into the world economy are among the key drivers of this achievement. The reform of tax policy and administration has been a vital part of this transition. This is leading to a fundamental change in the composition of taxpayers, from large state-owned enterprises (SOEs) and foreign-invested companies to a myriad of small and medium private enterprises.

The corporate scorecard provides information on the Bank's overall performance and results achieved by its clients against the backdrop of global development progress. The scorecard facilitates dialogue between management and the board on progress made and areas that need attention. The four-tier scorecard covers the full spectrum of International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA) activities.

The growth of agriculture output over the past 200 years has been phenomenal. When Malthus wrote in 1798, he perceived limits on agricultural production as serious and imminent. Since then world population has increased by six-fold and global agricultural production has more than kept pace. Falling real grain prices for most of the 20th Century are cited as evidence. The sources of the increase in food production, however, have been quite different and have come in distinct waves. For most of the 19th century, increased output came from expanded land area in production.

This policy note discusses strengthening institutions for urban and metropolitan management and service delivery and is part of a broader Philippines urbanization study. Strong institutions are critical to the effective management of cities, the delivery of efficient urban services and infrastructure, and the establishment of an enabling environment for business and job creation.

International policies to reduce carbon emissions from deforestation and degradation (REDD+) envisage the creation of financial incentive mechanisms that reward forest protection efforts and adequately compensate those actors that face new costs. In order for REDD+ to achieve these objectives, effective benefit sharing systems will need to be implemented. Benefit sharing in REDD+ could take a wide variety of forms depending on the policies used to achieve REDD+ objectives.

The Bank's environmental agenda has evolved gradually since the 1970s. During the 1970s and 1980s, the main focus was on mitigating the potential environmental damage associated with investment projects using environmental impact assessments (EIA). This approach was formalized in the Bank's environmental assessment (EA) requirements, which today consist of a set of individual environmental policies and procedures.

Agricultural investments made by developing countries and multilateral development banks (MDBs) have declined in recent decades. This decline is associated with a slowdown in the growth of agriculture productivity. Most development institutions have recognized the damage caused by this past neglect, in part evident in rising food prices, and renewed attention to agriculture and agribusiness is emerging. But this renewed interest will need to deliver results, especially in Sub-Saharan Africa, where the MDBs have had the least success but where the needs and opportunities are enormous.

In this paper the author analyze the link between spatial agglomeration, spatial disparities and political governance with an emphasis on the Middle East and North Africa (MENA) region. The agglomeration index and the urban-rural consumption ratio are used respectively as a measurement of spatial agglomeration and spatial disparities. The author distinguishes two aspects of political governance: political rights and political stability.

Since investment climate reforms in developing countries started gaining traction in the 1990s, most efforts have focused on issues at the national level, achieving varying degrees of success for reasons that are relatively well understood. This handbook provides an overview of efforts and achievements in subnational investment climate reforms. It is organized as follows. Chapter 2 reviews a number of countries experiences with subnational reforms, noting both success stories and disappointments and pointing toward lessons learned.

The objectives of the study are to: a) increase understanding of the effects and effectiveness of the implementation of the local government reform launched in 2006; and b) assess the impact of a World Bank-supported intervention that aimed to enhance effectiveness of the reforms by increasing local capacity and local participation. In line with these objectives, the study assessed the perceived effects and effectiveness of the implementation of the local government reform in selected provinces.

The tsunami that originated from the Indian Ocean in 2004 wreaked massive destruction, killing more than 130,000 people and displacing half a million individuals in Aceh, Indonesia. More than 800 kilometers of coastline was affected, and close to 53,795 land parcels were destroyed. The land administration system sustained significant damage because documentation of land ownership was washed away along with people's houses and other possessions in the affected communities. Physical boundary markers, including trees and fences, also disappeared.